Manor, Texas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Manor, Texas rental market.

Manor, Texas

Average Apartment Rent

$1,490

Y-o-Y Change in Average
Apartment Rent

-4.7%

As of July 2024

Compared to a year ago, Manor, Texas apartments have recorded a -4.7% rent decrease.

Manor, Texas Average apartment rent trend

Median Rent Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024
Manor $1,612 $1,563 $1,601 $1,424 $1,490
National $1,704 $1,729 $1,720 $1,714 $1,739
Manor
National
Mar 2023
$1,612
$1,704
Jul 2023
$1,563
$1,729
Nov 2023
$1,601
$1,720
Mar 2024
$1,424
$1,714
Jul 2024
$1,490
$1,739

Manor, Texas Average Apartment Rent

Manor, Texas Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 52.34%, apartments priced $1,000 - $1,500 represent the bulk of Manor, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.37%.

Manor, Texas Housing tenure**

Renter occupied housing units 677
Owner occupied housing units 3,874

Renters take up 15% of Manor, Texas real estate, occupying a total of 677 units, while homeowners live in 3,874 properties.

Median number of rooms of renter-occupied housing units**

5.2

Renter median household income**

$60,433

Average household size of renter-occupied housing units**

2.96

Rental vacancy rate**

12.6%

Manor, Texas Renter-occupied housing units by no. of bedrooms**

1 bed 164
2 beds 92
3 beds 283
4 beds 138

There are 283 rentals in Manor, Texas with 3 beds making up the highest share of the market, at 42%. Units with 2 beds, on the other hand, hold the lowest percentage (14%), amounting to 92 units. Overall, the median number of rooms in Manor, Texas homes for rent is 5.2.

Manor, Texas Renter-occupied units by age of householder**

15 - 24 years 32
25 - 34 years 372
35 - 44 years 130
45 - 54 years 115
60 - 64 years 28

Most condos for rent in Manor, Texas are occupied by residents in the 25 - 34 years age group (55%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 4%.

Manor, Texas Renter-occupied housing units by family type**

Family households 445
Non-Family Households 232

Manor, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 322
No related children of the householder under 18 355

A total of 445 apartments for rent in Manor, Texas, or 66% of all rentals are family households. Additionally, 48% of rental homes include children under the age of 18 – that’s 322 units. All in all, the median size of a renter-occupied household in Manor, Texas is 2.96.

Manor, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 87
High school graduate (including equivalency) 120
Some college or associate's degree 289
Bachelor's degree or higher 181

In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Manor, Texas.

Manor, Texas Renter-occupied units by year structure built**

Built 2020 or later 76
Built 2010 - 2019 400
Built 2000 - 2009 153
Built 1990 - 1999 28
Built 1970 - 1979 20

The highest share of Manor, Texas apartment rentals, namely 59% or 400 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (23%, 153 units), and the ones Built 2020 or later (11%, 76 units).

Manor, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 170
Moved in 2018 to 2020 282
Moved in 2010 to 2017 225

Median year renter moved into unit 2019

Most Manor, Texas renters (42%) moved in 2018 to 2020, while only 25% of them moved in 2021 or later. Overall, the median year renters have occupied their Manor, Texas condos for rent is 2019.

Manor, Texas Renter-occupied housing units by vehicles available**

No vehicle available 39
1 vehicle available 205
2 vehicles available 372
4 or more vehicles available 61

When it comes to transportation options, 55% of Manor, Texas renters have 2 vehicles available per household, 30% of them have 1 vehicle available, and 9% have 4 or more vehicles available.

Manor, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 665
Car, truck, or van - carpooled 75
Walked 39
Worked at home 103

Manor, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,097
Moved within same county 470
Moved from different county within same state 371
Moved from abroad 67

Manor, Texas Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Manor, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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